The Japanese Diamond

19 Eki 2016

These formations are rare, can be quite confusing, and are prone to a lot of morphing. I believe this one is coming to an end soon. Even if it does not come to an end, a move of size is on the horizon. I am short bias from a risk reward standpoint. I view the break of 17700 as constructive and would be looking to go long the index. I will start covering the Nikkei a lot more going forward on the small time frame using this thread as the bigger picture theme.

4 Kas 2016

Not

Active short at 17400

27 Haz 2017

Not

Broke critical level.

27 Eki 2017

Not

Targeting high 27000 - 29000

12 Şub 2018

Not

Confirmed bottom

12 Şub 2018

Not

retest in monthly. LONG as a mofo